The shareholder receiving a stock dividend receives a share of common stock of equal value to their existing shares of common stock

At the beginning of 2017, Brady, Inc has the following account balances

Accounts Receivable $43,000 (Debit) Allowance for Bad Debts $8,000 (Credit) Bad Debts Expense $0 During the year, credit sales amounted to $840,000. Cash collected on credit sales amounted to $790,000, and $17,000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 2.5%. The amount of bad debts expense for 2017 is ________. A) $21,000 B) $41,825 C) $17,000 D) $12,000

What are the recommended guidelines for writing a routine request?

Indicate whether the statement is true or false.